ROY’S INSTITUTE OF COMPETITIVE EXAMINATION

Current Affairs
(DECEMBER, 2022)

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APPOINTMENTS :

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 Prasanth Kumar, CEO, South Asia of Group M Media (India) Pvt Ltd, has been elected as the president of the Advertising
Agencies Association of India (AAAI).
 Sanjay Kumar took charge as Secretary of the Department of School Education and Literacy, Ministry of Education in

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Shastri Bhawan in New Delhi.
 Government of India had appointed Rajeeva Laxman Karandikar, Professor Emeritus at Chennai Mathematical Institute

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(CMI), as the part-time chairperson of the National Statistical Commission (NSC) of India for a period of three years.
 Former Union Minister Hansraj Gangaram Ahir has assumed charge as Chairperson of the National Commission for
Backward Classes (NCBC).
 K V Shaji has been named Chairman of the National Bank for Agriculture and Rural Development (NABARD).
 National Dairy Development Board (NDDB) has appointed Meenesh C Shah as its Managing Director.
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 Congress leader Sukhvinder Singh Sukhu has took oath as the 15th Chief Minister of Himachal Pradesh.
 Shri Bhupendra Rajnikant Patel was sworn-in as Gujarat’s 18th Chief Minister on December 12, 2022.
 Harvard University named Claudine Gay, a dean of the Faculty of Arts and Science, as its new president, the first African
American to hold the post at the prestigious university.
 Union Minister of Railways, Ashwini Vaishnaw has been appointed as the Chancellor of Gati Shakti Vishwavidyalaya,
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Vadodara, by President Smt. Draopadi Murmu.

 Indian-origin Leo Varadkar has returned for a second term as Ireland’s Prime Minister.
BANKING CURRENT AFFAIRS :
 The world’s leading full-stack debt support and risk mitigation platform has inaugurated India’s first Innovation Lab
(SIL) dedicated to the debt collection segment of banking industries in India and the Middle East.
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 IDFC Asset Management Company Limited (AMC), one of the top 10 AMCs in the country, has received regulatory
clearances from regulators for its proposed change in ownership. Securities market regulator SEBI granted the necessary
no objection for IDFC AMC’s acquisition by a consortium comprising Bandhan Financial Holdings Limited (BFHL),
GIC (GIC), and Chrys Capital (CC).
 The National Stock Exchange’s subsidiary NSE Indices has said it has launched one more index under the Nifty Bharat
Bond Index series. The Bharat Bond Index series follows a target maturity date structure wherein each index in the
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series measures the performance of a portfolio of ‘AAA’ rated bonds issued by government owned entities maturing in
a specific year.
 The Reserve Bank of India (RBI) and the Financial Services Agency (FSA), Japan exchanged letters of cooperation in
the field of Central Counter Parties (CCPs) with the objective of improving mutual cooperation. With this exchange
of letters, RBI and FSA are committed to deepen relations between the two countries and strengthen the exchange
of information. RBI and FSA also expressed their willingness to hold a dialogue or exchange views about matters of
common interest and concerns as appropriate.
 IIFL Mutual Fund has launched India’s first passive tax saver fund, almost six months after the Securities and Exchange
Board of India (SEBI) introduced the passive alternative in the Equity Linked Savings Scheme (ELSS) space.
 Edelweiss Mutual Fund has announced the launch of the fourth tranche of BHARAT Bond ETF – India’s first corporate
bond ETF (exchange-traded fund). A central government initiative, Bharat Bond ETF invests only in ‘AAA’-rated bonds
of public sector companies. Edelweiss Asset Management is the fund manager of the scheme.
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 India’s electric vehicle (EV) value chain revenue pool is expected to reach a size of $76-100 billion by 2030, potentially
translating to $8-11 billion profit pool, according to a report by Bain & Company.
 The Employees State Insurance Corporation (ESIC) can now invest up to 15 per cent of its excess fund into equity after
the Centre allowed the body to do so. The social security body can invest its surplus fund in equity through exchange
traded funds.
 India will be the first country in the world to receive $100 billion from remittances during 2022, the World Bank has
said. Though remittances to the rest of the South Asian countries declined by 10%, it rose by 12% in India’s case.

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 The Reserve Bank of India (RBI) enhanced the capabilities of the Unified Payments Interface (UPI) by introducing
a ‘single-block-and-multiple debits’ functionality, which allows a customer to enable a payment mandate against a
merchant by blocking funds for specific purposes in his/her bank account which can be debited, whenever needed.

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SPORTS NEWS :
 Indian shooter Rudrankksh Patil has clinched the International Shooting Sport Federation (ISSF) President’s Cup held
in Cairo, Egypt. He defeated Italy’s Danilo Sollazzo in the 10-metre rifle play-off.

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 Famous Footballer, Cristiano Ronaldo has sensationally joined Saudi Arabian club Al-Nassr on a two and a half year

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deal worth 200 million euros per season.
 World No 3 Sukant Kadam smashed his way to a gold medal at the recently concluded Peru Para-Badminton International,
defeating ace shuttler defeated Singapore’s Chee Hiong Ang. India won 14 medals in total (6 gold, 1 silver and 7 bronze).
 Former England skipper Joe Root became only the third cricketer in history to score 10000 runs and pick up 50 wickets
in Test cricket. He achieved the feat during the ongoing second Test against Pakistan in Multan. Root joins South African
legend Jacques Kallis and former Australian skipper Steve Waugh in scoring 10000 runs and claiming 50 wickets in the
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longest format.
 Tata Steel Limited signed a Memorandum of Understanding (MoU) with Hockey India on December 13, 2022 to become
an Official Partner of the FIH Odisha Hockey Men’s World Cup 2023 Bhubaneswar – Rourkela.
 According to the World Athletics, Tokyo Olympics gold medalist javelin thrower Neeraj Chopra of India was the most
written about track and field athlete in 2022, displacing the Jamaican legend Usain Bolt from the top lists.
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WEST BENGAL CURRENT AFFAIRS :

 West Bengal’s flagship ‘Duare Sarkar’ or government at doorstep scheme won the Platinum Award at the Digital India
Awards 2022. The scheme was awarded by the Union Ministry of Electronics and Information Technology in the ‘Public
Digital Platforms’.
AWARDS & HONOURS :
 South Korea’s Mina Sue Choi was crowned Miss Earth 2022 during the pageant’s coronation night on November 29
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at Cove Manila, Okada Hotel, Paranaque City. There were 86 Eco-warriors, and only three queens were awarded the
pageant’s three elements titles.
 Three Indian-origin women are among 60 scientists, technologists, engineers, and mathematicians who have been
selected as Australia’s Superstars of STEM. This initiative aims to smash society’s gender assumptions about scientists
and increase the public visibility of females and non-binary people. This year among those recognised as Superstars of
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STEM include three Indian-origin women: Neelima Kadiyala, Dr Ana Baburamani, and Dr Indrani Mukherjee.
 British writer Katherine Rundell’s biography “Super-Infinite: The Transformations of John Donne” was named winner
of the 50,000 pound ($59,000) Baillie Gifford Prize at a ceremony in London.
 A book on the popular forest conservation campaign Chipko Movement, written by historian-activist Shekhar Pathak,
was named the winner of the Kamaladevi Chattopadhyay NIF Book Prize 2022. Translated from Hindi by Manisha
Chaudhry, “The Chipko Movement: A People’s History” was selected from a diverse shortlist of five books covering a
wide expanse of modern Indian history and encompassing distinct topics and perspectives.
 The Meghalaya government, which has adopted a ‘Jan Andolan’ (people’s movement) against Tuberculosis received an
award for best practices in controlling the disease that affects 2.6 million people in India every year.
 Bank of Baroda on 6 December 2022 has bagged an EAG Laureate award in the International Olympiad of Financial
Security held at Sochi, Russia on 10 October 2022.

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 US President Joe Biden has recognised Indian-American and a longtime Houstonian, Krishna Vavilala, with the
Presidential Lifetime Achievement (PLA) Award, the nation’s highest honour for his contributions to his community
and the country at large.
 Bollywood actress, Sonakshi Sinha has been awarded PETA India’s 2022 Person of the Year title.
 Indian cyclist Swasti Singh has been honoured with the prestigious 30th Ekalabya Puraskar for the year 2022.
SCHEMES :
 The Uttar Pradesh government’s ambitious One District One Product (ODOP) scheme has received praise at the national

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level for helping in the revival of traditional crafts in the state. Now, on similar lines, the government has launched the
One District One Sport (ODOS) programme for promoting local sporting talent.
 The government has put in an additional Rs 5,000 crore into the SWAMIH Invest Fund-I to help the stressed realty

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investment platform achieve its final close at Rs 15,530 crore. The fund set up under the Special Window for Affordable
and Mid-Income Housing is India’s largest social impact fund, which said the government recently infused Rs 5,000
crore. It intends to provide priority debt financing for the completion of stressed, brownfield and residential projects

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registered with regulatory bodies that fall in the affordable, mid-income housing category.
THEME OF IMPORTANT DAYS :

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 World AIDS Day 2022 — “equalize”. According to UNAIDS, “The slogan is a call to action.
 World Human Rights Day 2022 — Dignity, Freedom and Justice for All.
 International Day of Persons with Disabilities 2022 — “Transformative solutions for inclusive development: the role
of innovation in fueling an accessible and equitable world.”
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 World Soil Day 2022 — "Soils: Where food begins"
RANK AND INDEX :
 As per the recent report by the US think tank Early Warning Project, India is ranked 8th among the countries that are
at the highest risk for mass killing in 2022 and 2023. India has seen a drop in rank from second position in the earlier
year.
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 According to DGCA officials, India has jumped to the 48th position in the global aviation safety ranking by the
International Civil Aviation Organization (ICAO).
 Billionaires Gautam Adani, HCL Technologies’s Shiv Nadar, and Happiest Minds Technologies’ Ashok Soota are the
three Indians who have been named in the 16th edition of the annual list on Forbes Asia Heroes of Philanthropy list.
 Passport Index 2022 published by Arton Capital ranked the world’s strongest and weakest passports. India was ranked
at 87th position in the world’s strongest passport list.
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BOOKS AND AUTHORS :

 Bravehearts of Bharat, Vignettes from Indian History’ — Vikram Sampath
 ‘Miracles of Face Yoga’— Mansi Gulati
 The Indian Navy@75 Reminiscing the Voyage’ — Commodore Ranjit B Rai (Retd) and defence journalist Aritra Banerjee
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 “Forks in the Road: My Days at RBI and Beyond”— C Rangarajan

OBITUARIES :
 ‘City of Joy’ author Dominique Lapierre passes away at the age of 91.
 Renowned Marathi Lavani singer Sulochana Chavan has passed away at the age of 92. Earlier this year, Chavan was
awarded the Padma Shri and also conferred the title of ‘Lavani Samradnyi’ (Queen of Lavani) for her contribution to
the traditional Maharashtrian musical genre of Lavani, associated with the folk theatre of Tamasha.
 Poland’s only cosmonaut Gen Miroslaw Hermaszewski passed away recently at the age of 81. He circled the Earth in
a Soviet spacecraft in 1978. Hermaszewski became a national hero thanks to his trip to space.
 Abigail Kinoiki Kekaulike Kawānanakoa, Hawaiian last princess whose lineage included the royal family that once
ruled the islands and an Irish businessman who became one of Hawaii’s largest landowners, passed away at the age of
96 in Honolulu, Hawaii.
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SCIENCE AND TECHNOLOGY :

 Google’s Jigsaw subsidiary is launching a new anti-misinformation project in India, aimed at preventing misleading
information that has been blamed for inciting violence. The initiative will use “prebunking” videos – designed to counter
false claims before they become widespread – circulated on the company’s YouTube platform and other social media
sites.
 A SpaceX Falcon 9 rocket carried into space the first ever Arab-built lunar spacecraft. It was launched from the Cape
Canaveral Space Force Station in Florida. The Rashid Rover was built by Dubai’s Mohammed bin Rashid Space Centre

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(MBRSC), in the United Arab Emirates (UAE), and is being delivered by the HAKUTO-R lander, engineered by Japanese
lunar exploration company Ispace. The mission is due to arrive at Moon around April 2023.
 Japan is elated and proud of its space startup that successfully launched a spacecraft to the moon recently, marking a

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significant step towards what would be a historic first, both for the nation and a private company. This has not been
an easy task and got successful after multiple delays. Additionally, what makes it unique is the fact that it is the first
successful venture to the moon by a private company.

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 To promote the use of ‘Navigation with the Indian Constellation’ (NavIC), the Indian version of GPS, the Indian Space
Research Organisation (ISRO) will introduce the L1 frequency in all its future satellites. The seven satellites in the

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NavIC constellation currently use two frequencies for providing positioning data — the L5 and S bands. However, most
mobile System on Chips (SoCs) and wearable devices support the L1 band.
DEFENCE CURRENT AFFAIRS :
 The 7th edition of Exercise Sangam, a joint Naval Special Forces exercise between Indian Navy MARCOs and US
Navy SEALs commenced in Goa.
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 Indian Army’s Sudarshan Chakra Corps carried out Exercise Sudarshan Prahar in the deserts of Rajasthan. The exercise
focused on the synergised application of combat power through the integration of force multipliers & practising new
battle techniques in an integrated all arms environment showcasing high level of professionalism and offensive spirit.
 The United States has unveiled its latest high-tech strategic bomber – the B-21 Raider – which is capable of carrying a
nuclear payload and can be flown without a crew on board. The next-generation stealth bomber was rolled out at arm’s
manufacturer Northrop Grumman’s facility in California. The US Air Force plans to buy at least 100 of the B-21 aircraft,
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which comes with a $700m price tag per plane.

 The government’s Make-in-India push in indigenous defence production seems to be bearing positive results as the two
Indian Defence Public Sector Undertakings, Hindustan Aeronautics Limited (HAL) and Bharat Electronics Limited
(BEL), have improved upon their previous rankings among the arms producing companies of the world. HAL ranked
at 42nd as BEL bagged the 63rd place with a total evaluation of $5.1 Billion in 2021.
 Japan has announced that it will jointly develop its next-generation fighter jet with the United Kingdom and Italy as it
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looks to expand defense cooperation beyond its traditional ally, the United States. The Mitsubishi F-X fighter jet will
replace the aging fleet of F-2s that Japan previously developed with the United States.
 All 36 Rafale aircraft were delivered to India by France. India and France struck an intergovernmental agreement wherein
Paris committed to pay India 60,000 crore rupees for 36 Rafale fighter jets in 2016.
SUMMITS & CONFERENCES :
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 The United Nations Convention on Biological Diversity, also called as Conference of Parties (COP-15) commenced in
Montreal, Canada on 7 December 2022.
 The Food and Agriculture Organization (FAO) of the United Nations, organized an opening ceremony for the International
Year of Millets – 2023 (IYM2023) in Rome, Italy. An Indian delegation led by Sushri Shobha Karandlaje, Minister
of State, Agriculture & Farmers Welfare were present at the opening ceremony. During the event, India’s ceremonial
message by the Prime Minister Shri Narendra Modi was conveyed by Sushri Shobha Karandlaje
 The Third Global Ministerial Conference on Antimicrobial Resistance concluded in Oman, with the issue of The Muscat
Manifesto, which aims to accelerate One Health actions on antimicrobial resistance to achieve the 2030 Sustainable
Development Goals.
 According to the French embassy, France will host an International conference “Standing with the Ukrainian People”
in Paris with an aim to coordinate international support for civilian resilience in Ukraine and address the Ukrainian
people’s urgent humanitarian needs.
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 The next World Trade Organization ministerial conference will be held in Abu Dhabi, United Arab Emirates in February
2024.
MIXED BOX :
 India has assumed the Presidency of the UN Security Council for the month of December. It is the second time in its
two-year tenure as an elected member of the UN Security Council that India has assumed the Presidency of the Council.
India had earlier assumed the Presidency of the UNSC in August 2021.

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 The Meghalaya cabinet has approved a policy aimed at addressing the issues of mental health and social care through
collaborative engagement with communities. The Meghalaya Mental Health & Social Care Policy was approved at
the cabinet meeting, chaired by the Chief Minister. In 2014, the Centre launched the first-ever National Mental Health

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Policy in an attempt to provide universal psychiatry care.
 National Anti-Doping Agency (NADA India) is hosts an Inclusion Conclave for the first time to sharpen the focus on
anti-doping education and processes for athletes with disabilities.

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 The Central government on December 1 launched its facial recognition system DigiYatra at Delhi, Bangalore and
Varanasi airports, which will allow domestic passengers to seamlessly travel without an identification card. The Civil

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Aviation Minister Jyotiraditya Scindia launched the service at Delhi’s Indira Gandhi International Airport. The service
will enable passengers to travel paperless through biometric facial recognition technology (FRT). To use this facility,
one-time registration on the DigiYatra app is required using Aadhar-based validation and a self-image capture.
 External Affairs Minister S Jaishankar and Germany’s foreign Minister Annalena Baerbock signed a comprehensive
migration and mobility partnership, which will facilitate easier access for people to study, research and work in both
countries. The deal which aims at facilitating two-way movement of students, professionals and researchers, is also set
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to address the challenges of illegal migration.
 The telecom major Airtel has announced that it has collaborated with Meta Platforms, Inc. (Meta) to support the growth
of India’s digital ecosystem. The announcement comes on the back of telecom operators’ demand to share revenue with
service providers to build networks.
 Adani Green Energy Ltd (AGEL), the renewables arm of Adani Group, has commissioned its third wind-solar hybrid
power plant at Jaisalmer in Rajasthan. Earlier, in May 2022, AGEL had operationalized India’s first hybrid power plant
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of 390 MW. This was followed by the commissioning, in September 2022, it is the world’s largest co-located hybrid
power plant of 600 MW. Both these hybrid energy generation assets are located in Jaisalmer, Rajasthan.
 Goldsikka with technology support from Hyderabad-based startup, Opencube Technologies has launched its first Gold
ATM at Begumpet and described it India’s first Gold ATM.
 Maharashtra Chief Minister Eknath Shinde has announced that the state will establish a separate Divyang department
for the welfare of differently-abled persons with a fund allocation of 1,143 crore rupees.
 Oxford Dictionaries said that “goblin mode” has been selected by an online vote as its word of the year.
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 India will be the first country to auction spectrum for satellite communication, and it should be designed to attract
investments in the sector.
 Nation celebrates Vijay Diwas, to commemorate India’s victory over Pakistan in the 1971 Bangladesh Liberation war.
On this day, the heroes who sacrificed their lives for war are remembered and tributes are paid to them.
 The Japanese capital local assembly passed a new regulation which stated that all new houses in Tokyo built by large-
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scale homebuilders after April 2025 must install solar power panels to cut household carbon emissions.
 As the growth in the tourism sector is vital for socio-economic development in a state, the Assam State Cabinet led by
CM Himanta Biswa Sarma approved the proposal for grant of industrial status to the tourism sector in the state.
 Food and Consumer Affairs Minister Piyush Goyal launched a host of new initiatives, including the right to repair
portal and an NTH mobile app and opened new premises of National Consumer Helpline centre in the national capital.
A memorandum of understanding was also signed between the Consumer Affairs Department and IIT (BHU), Varanasi
as well launched a capacity building programme of consumer commissions.
 The Maldives criminal court sentenced former president Abdulla Yameen to 11 years in prison and fined him $5 million
after finding him guilty of corruption and money laundering charges related to receiving kickbacks from a private
company.
 Dharmadam has achieved the position of complete library constituency in India, the first in India. It has achieved a new
record recently. It has become the only constituency in India to have a library in all the wards.

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OUTCOME OF G-20 SUMMIT 2022

l The 17th G20 Heads of State and Government Summit took place between the 15th and 16th of November 2022 in Bali,
Indonesia.
l Theme: “Recover Together, Recover Stronger”.
l During the Summit, the leaders of the G-20 countries discussed various aspects ranging from the post-pandemic recovery
to addressing the prevailing energy and food insecurity triggered due to the Russian-Ukraine war to climate change-

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related issues.
l The Indonesian President officially handed over the G20 presidency to India at the end of a summit in Bali.

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l India will officially assume the G20 presidency from 1 December 2022 and host the G-20 summit in September 2023.
India’s role in 17th Summit :
l Leaders at the G20 summit called for an immediate end to the Ukraine conflict, holding that “today’s era must not be

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of war”, a formulation that echoed Prime Minister Narendra Modi‘s message to Russian President Vladimir Putin in
September 2022.

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n In his bilateral meeting with Putin in Uzbekistan in September 2022, Modi said “today’s era is not of war” and nudged
him to end the conflict.
l The declaration said many G-20 members strongly condemned Russia’s war against Ukraine and expressed the view
that Moscow’s “illegal, unjustified and unprovoked war of aggression against Ukraine is impairing the global economic
recovery.”
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l As per the G20 Communique- “It is essential to uphold international law and the multilateral system that safeguards
peace and stability. This includes defending all the purposes and principles enshrined in the Charter of the United Nations
and adhering to international humanitarian law,”.
l India played a key and critical role in bringing consensus amongst all countries on the communique. India worked in
partnership with all developing countries and emerging markets to draft the final statement and the preamble to the
statement.
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l India emerged as a leader, solution provider and consensus builder through its positive and constructive approach.
Global Cooperation :
l In a declaration adopted at the end of the summit, the G20 leaders have held that cooperation is necessary for global
economic recovery, combating global challenges and creating the foundation for strong, sustainable, balanced, and
inclusive growth.
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n The declaration also facilitated the commitment of member nations for more collaborations on issues like food security,
climate change, health, digital ecosystem, funding poor countries and supply chain issues. This is the first G20 summit
after the Russia-Ukraine conflict and consequent western sanctions. Efforts were made to build a global consensus
on the issue.
l The member nations have agreed to monitor the interest rate rises carefully, avoid spillovers and warned of the rising
volatility in their currency moves.
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l Countries have made assurances that they would undertake coordinated efforts to address food security challenges and
have also commended the Black Sea Grains Initiative in this context.
l The member nations have agreed to pursue measures to limit the global temperature increase to 1.5°C and reiterated
that they obey the temperature goal set during the 2015 Paris Agreement.
G20 bridging gap between developing and developed countries:
l The G20 is well placed to contribute to the global development agenda mainly by strengthening development policies
and coordinating its action.
l The G20 member nations called for an accelerated transformation towards sustainable and resilient agriculture and food
systems and supply chains.

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n The declaration expressed a commitment to protect the most vulnerable from hunger by using all available tools to
address the global food crisis.
n The member nations also extended support to the international efforts to keep food supply chains functioning under
challenging circumstances .
l G20 work promotes inclusive societies and opportunities for all.
n G20 efforts on financial inclusion are helping to open up access to payments, savings, credit and services, in particular

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for SMEs. Coordinated work on human resource development, in particular skills development, will help match job-
seekers with employment opportunities.
l India’s G-20 presidency is expected to build a bridge between the developed and developing worlds. India will lead the

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world’s wealthiest economies with an opportunity to take on challenges that disproportionately affect the developing
world, such as poverty, climate change, and pandemics.
n This will also help advance two of India’s fundamental foreign-policy goals: balancing global relationships and

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championing developing-world causes.

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India’s G20 Presidency:
l India’s G20 presidency will be starting on the 1st of December 2022.
l The Theme during which India holds the G20 presidency will be “One Earth, One Family, One Future”.
l Various issues which will be the focus during India’s leadership include environment, sustainable development,
healthcare infrastructure, peace and security, women-led development, economic growth and recovery, and technological
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development and innovation.
l India assumes G20 at this critical juncture and is tasked with bringing about a sustainable economic recovery.
l Prime Minister Narendra Modi has assured the G20 leaders that India’s presidency will be “inclusive, ambitious, decisive,
and action-oriented”.
l Further, the existing geopolitical tensions across the globe provide an opportunity for India to showcase its leadership
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and potential in managing both the blocks that have taken shape in global geopolitics.
l India’s vision of “Vasudhaiva Kutumbakam” or “One Earth, One Family, One Future,” is said to be the need of the hour
amidst increased polarisation in geopolitics.
l India during the COVID pandemic has demonstrated its leadership qualities by not just manufacturing vaccines and
essential life-saving medication for its domestic needs but also for global good. The same is expected to be demonstrated
by India during its leadership of G20.
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l India’s G-20 leadership will also allow it to highlight its recent economic successes on a global stage—some of which
align with G-20 priority areas.
n These include advances in solar power development, digital health achievements, and broader economic growth. India
became the world’s fifth-largest economy this year.
Data for Development:
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l Addressing the G20 summit, Prime Minister Narendra Modi revealed that the principle of ‘data for development’ will
be an integral part of the overall theme of India’s upcoming G20 Presidency.
l Accessible digital architecture can bring about socio-economic transformation. And its greater benefits will be realised
only when digital access becomes truly inclusive.
l India’s focus will be on bridging the digital divide, especially in developing countries, and ensuring greater benefits
from digital technologies and transformation.
l India also urged other G20 leaders to pledge that they would work together for digital inclusion over the next decade.
l India’s Digital initiatives cut across every sector from health and agriculture to finance and urban governance. With this
experience, India can take leadership in building a global digital economy transformation.
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